Whether you’re a sports fan or an aspiring one, there are many types of betting you can take advantage of. There are point spreads, moneylines, and totals, all of which focus on the short-term outcome of an event. If you’re looking for a longer-term bet, you should look into futures betting. Futures betting involves wagering on future events, such as division and championship winners.
There are also several types of prop bets that you can place. For instance, you can bet on the time of the national anthem at the Super Bowl. While the official time is two minutes and two seconds, the singer finishes in one minute, 59 seconds, meaning that the under bet wins. However, it is important to note that some states do not allow these kinds of bets.
One of the most popular forms of sports betting is point spread betting. Although this type of wagering can be confusing, the idea is simple: you bet on the difference between the winning team and the team that is being favored. If you place a bet on Team A, you bet that they will win the game by a specific margin, whereas if you bet on Team B, you’ll win $100 if the underdog wins by that margin.
Moneyline bets are among the easiest to understand. Unlike spread bets, moneyline bets are not impacted by point spreads. Depending on the sport, moneyline bets can result in two or three outcomes. You simply pick a team or player and bet on the moneyline. In many sports, you can also choose to wager on the “draw” outcome. This option is available on some sportsbook apps.